Indianapolis Business Journal

OCTOBER 21-27, 2013

In this week's issue, Anthony Schoettle reveals that Indiana University officials are seeking as much as $20 million to upgrade the Natatorium on the IUPUI campus and are in discussions to turn over operations to a third party. (The aquatics venue is in dire need of upgrades and is losing about $1 million per year.) Also, J.K. Wall takes a closer look at the premiums being offered to Indiana residents through Obamacare exchanges, which are among the most expensive in the country. And in A&E, Lou Harry appraises the blockbuster Matisse exhibit at IMA.

Front PageBack to Top

Tech companies building a charitable niche

An emerging group of software companies focused on serving charities—combined with the fact the city is home to the only philanthropy college in the country—could make the area a hotbed for an often-ignored area of business.

Read More

Top StoriesBack to Top

Indiana’s insurance exchanges are pricey

The premiums offered by health insurers participating in the Obamacare exchanges put Indiana among the 10 most-expensive states in the country, according to data released last month by the U.S. Department of Health and Human Services.

Read More

‘Bob & Tom Show’ switching syndicators

The move has local radio executives wondering if the comedy show might move up the Indianapolis FM dial as well. Meanwhile, conservative commentator Abdul will switch to weekday evenings on WIBC.

Read More

Simon’s 20-year run has made investors a bundle

Simon Property Group now is the largest real estate company in the world and has a stock market value of $59 billion. That’s $6 billion more than Eli Lilly and Co., not that Simon's hypercompetitive CEO, David Simon, has noticed.

Read More

FocusBack to Top

OpinionBack to Top

KANNING: Myopic priorities stifle growth

I recently overheard two business leaders saying the slow pace of economic recovery would impede their quarterly results. I concur with their assessment, but focusing on the rate of economic recovery is similar to looking at an iceberg; only 10 percent is visible. The other 90 percent is hidden below the surface.

Read More

KENNEDY: ‘Makers’ take their share

The “makers and takers” narrative—promoted most prominently by Paul Ryan and eagerly adopted by Tea Party activists—is just the most recent manifestation of a persistent American fable that encourages people who believe they “stand on their own two feet” to aim moral indignation and opprobrium at those they believe are “sucking at the public you-know-what.”

Read More

Hicks: Economists don’t know why economy is ailing

The first slowdown seems to have been at least partially remedied by the Federal Reserve’s massive purchase of assets known as quantitative easing, the most recent of which was accompanied by a marked short-term improvement in the economy. That improvement seems to have run its course.

Read More

Skarbeck: Firms with high ratios could take a tumble

On occasion, it is interesting to study the stocks of businesses that are outliers on the bell curve of business valuation. For a value investor, that means looking at stocks selling at huge multiples above traditional valuation yardsticks.

Read More

Thanks for the budget

For many years, including my time at Indiana Black Expo, I have worked to bring people together for the betterment of our city. I’m grateful that our City-County Council and mayor put aside partisan differences to pass a budget.

Read More

In BriefBack to Top

Analysts: Investors wrong to dump Endocyte

Investors on Friday dumped shares of West Lafayette-based Endocyte Inc. after an independent analysis said an experimental lung cancer drug is unlikely to be declared superior to existing chemotherapy. But two analysts say, to the contrary, the analysis shows the prospects for Endocyte’s drug are as good as ever.

Read More